What We're Reading: Page 113
Industry reads hand-picked by our editors
Nov 22, 2022
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Financial Times
Why Visa and Mastercard have yet to face their Kodak moment
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American Banker
New York Fed advances tests of CBDCs for cross-border payments
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PYMNTS
What Regulators Must Do in Light of FTX Scandal
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American Banker
What happened at FTX? Senate Agriculture Committee wants to find out
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Columbus Business First
Discover to relocate customer care center from New Albany to Whitehall, invest $16M in new space
Nov 21, 2022
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Fortune
New Visa CEO Ryan McInerney says FTX hasn’t blown crypto’s future as payment
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Bloomberg
Klarna Says Investor Mood Is Holding Back Expansion Plans
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Milwaukee Journal Sentinel
City’s $7 million plan for Fiserv headquarters wins first approval
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NPR
Medical debt soars for consumers with hospital credit cards
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The Sydney Morning Herald
Buy now, pay later industry regulation coming as government starts consultation
Nov 18, 2022
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Forbes
How Viable Are Elon Musk’s Payments Plans For Twitter?
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TechCrunch
Plaid names former Meta exec as its new payments head
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Milwaukee Business Journal
Why Fiserv’s CEO believes in the power of in-office work
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American Banker
Shopify, Balance teaming up to modernize B2B payments
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The New York Times
Opinion | The Cost of Going Cashless
Nov 17, 2022
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American Banker
Visa’s plan to smooth bumpy travel via embedded payments
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CoinDesk
US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
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Bloomberg
Starbucks’ $181M in Unused Gift Cards Sparks Complaint to SEC
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CNN Business
Costlier credit: Some retailers’ cards now carry APRs of more than 30%
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PYMNTS
FIs Embrace Biometric Payment Cards
Nov 16, 2022
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Bloomberg
Wall Street Banks Defy FTX Gloom, Tests Crypto Dollars With Fed
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Axios
Credit card balances see biggest spike in more than 20 years
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American Banker
Can American Express use TikTok to win small businesses?
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The Guardian
Buy now, pay later schemes increasingly an avenue for financial abuse, report finds
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PYMNTS
Amex, Square Team on New Seller Credit Card
Nov 15, 2022
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Banking Dive
Cryptexodus: A running list of crypto execs who’ve quit since May
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The Wall Street Journal
FTX Collapse Sets Back Crypto Agenda in Washington
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The Financial Brand
How Chase Plans to Revolutionize Rent Payments with a Digital Solution
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Reuters
Tiger Global raises stake in Microsoft, Jack Dorsey’s Block
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PYMNTS
Opn Enters US Payments Market With MerchantE Deal
Nov 14, 2022
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CoinDesk
Visa Ends Its Debit Card Pact With FTX
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Bloomberg
FTX’s Sam Bankman-Fried Fooled Crypto World and Maybe Even Himself
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Reuters
JPMorgan to expand in Greece with new office, payments team
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The Wall Street Journal
Online Sports-Betting Apps Face Customer Complaints Over Delays Withdrawing Funds
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Finextra
BIS Innovation Hub launches new prototype CBDC
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